Section 86(10) Any person furnishes a false, misleading or deceptive DVAT Return under the Act or omits to file return: Penalty u/s 86(10)

Penalty Under Section 86(10) of Delhi Value Added Tax Act
Default
Any person who
(a) Furnishes a return under this Act which is false, misleading or deceptive in a material particular or deceptive in a material Particular; or
(b) omits from a return furnished under this Act any matter or thing without which the return is false, misleading or deceptive in a material particular.

Amount of Penalty
Rs. 10000 or the amount of tax deficiency, whichever is higher.
Maximum Amount of Penalty Rs. 10,000/- or the amount of tax deficiency whichever is higher

Penalties for various defaults under Delhi Value Added Tax (DVAT) Act

Section 86(4) Failed to apply for DVAT registration within one month from the day on which requirement arose

Section 86(5) Failed to file information for Amendment in Registration Certificate of Delhi Value Added Tax

Section 86(6) Fails to apply for cancellation of Registration Certificate under section 22(2) of Delhi Value Added Tax

Section 86(7) Any person falsely represents that he is a Registered Dealer of Delhi Value Added Tax: Penalty u/s 86(7)

Section 86(8) Fails to company with the condition of voluntary registration of Delhi Value Added Tax: Penalty u/s 86(8)

Section 86(9) Fails to furnish any return, Revised Return or other document under Chapter V Delhi Value Added Tax: Penalty u/s 86(9)

Section 86(10) Any Person furnish false DVAT Return or fails to furnish return or Omits Material Information: Penalty under Section 86(10) of Delhi Value Added Tax Act

Section 86(11) Any dealer who has claimed tax credit under section 14 of this Act or claimed a greater amount of tax

Section 86(12) Where a tax deficiency arises: Penalty u/s 86(12)

Section 86(13) A person fails to prepared required records and accounts or fails to prepare it in proper manner or fails to retain record for prescribed period: Penalty u/s 86(13)

Section 86(14) A person or dealer fails to provide the document required under section 59(2) or 59(3): Penalty u/s 86(14)